Autodesk Beats Estimates; Weibo Posts Mixed Results
- August 24th, 2023
- 523 views
Autodesk, Inc. (Nasdaq: ADSK), a leading software solutions provider for the design and engineering industries, reported second-quarter fiscal 2024 earnings of $1.91 per share, exceeding the consensus EPS estimate of $1.72. The company's quarterly sales reached $1.34 billion, slightly surpassing analysts' projected revenue of $1.32 billion.
Looking ahead to its Q3 fiscal 2024, Autodesk expects its EPS to fall within the range of $1.97 to $2.03, compared to the consensus estimate of $1.92 for the period.
$ADSK was trading at $216.78 in pre-market, up $12.42 (+6.08%).
In other news, Weibo Corporation (Nasdaq: WB), a notable social media platform in China, announced second-quarter 2023 earnings of $0.53 per share, surpassing the consensus EPS estimate of $0.51. The company's quarterly revenues amounted to $440.24 million, slightly below analysts' expected revenue of $440.94 million.
In pre-market, $WB was trading at $13.26, down $0.02 (-0.15%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
DOT, DoW, DHS Join Forces to Protect Southern Border Airspace
October 16th, 2026FTC Sues Ticket Broker Over Unlawful Tactics Used to Buy Millions of Tickets to Popular Live Events
October 15th, 2026October 15th, 2026FDA Approves First Treatment for Certain People With BCG-Unresponsive Bladder Cancer
October 14th, 2026U.S. Treasury Announces Record Enforcement Actions Against Bank of America
October 14th, 2026
Member Login